Ethereum Foundation Don Launch Phase 2 of 1TS Security Standards
Ethereum Foundation don launch Phase 2 of their Trillion Dollar Security (1TS) initiaitive to make chain security and user experience beta. For dis phase, dem go set Minimum Security Standard for wallets wey cover transparent transactions, interfaces wey no go dey compromise, privacy-preserving architecture, approval management and key handling. Grant go Walletbeat to support benchmark development and compliance testing.
To fight blind signing, Ethereum Foundation go promote open-source VERA transaction-decoding database, check back stalled EIP proposals (ERC-4430, EIP-7730, EIP-719) plus fund R&D on human-readable transactions and in-protocol assertions. Dem go also develop better simulation tools to make transaction clear well well.
Plus, EF plan to build open database of smart contract vulnerabilities wey fit join developer IDEs and audit tools, to reduce on-chain risk. This initiative dey invite collaboration on ultra-simple non-technical wallets and enterprise solutions wey focus on privacy, compliance and censorship resistance. These security moves align wit Vitalik Buterin road map wey put Layer 1 improvements and better user experience first.
Bullish
Ethereum Foundation’s Phase 2 security push fit likely good for ETH. By setting minimum wallet security standards and improving transaction transparency, EF reduce user risk and boost confidence for the ecosystem. Open databases for vulnerabilities plus human-readable transactions go lower barrier for developers and users, making adoption bigger. Even though price jump quick quick go small, these steps dey support long term network stability and institutional trust, making steady upward pressure on ETH.